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News in-depthPrivate credit
The former rugby lawyer shaking up the world of private credit
...Barings won a preliminary injunction against the company and key employees in a North Carolina court last month....
April 7, 2024
VinFast LLC
VinFast to build India EV plant in $2bn investment in Tamil Nadu
...The carmaker also announced plans to build plants in North Carolina and Indonesia as part of a global expansion plan....
January 7, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Wearable technology
Silicon Valley eyes reboot of Google Glass-style headsets
...“We really are at the cusp of better experiences,” said Carolina Milanesi, analyst at Creative Strategies. “It’s very different to the Google Glass thing.” Additional reporting by Cristina Criddle...
December 30, 2023
LexVinFast LLC
VinFast/Vietnam: founder is main beneficiary of EV company listing Premium content
...Construction of its $4bn North Carolina factory began last month. So far, however, rollout has been unimpressive....
August 16, 2023
VinFast LLC
VinFast says most of its electric vehicles have been sold to a related party
...The filings also indicate it plans to add a third plant in Indonesia to its operations in Vietnam and a factory it is building in North Carolina in the US....
September 13, 2023
VinFast LLC
Vietnamese EV maker worth more than Ford or GM after US listing
...It set up a network of showrooms on the US west coast and last month broke ground on a delayed factory in North Carolina....
August 16, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
VinFast LLC
How a Vietnamese tycoon built a carmaker worth more than General Motors
...The carmaker, which has turned away from building petrol-fuelled vehicles to concentrate on EVs, is building a factory in North Carolina and has opened showrooms across the US west coast....
August 31, 2023
News in-depthVinFast LLC
The carmaker from Vietnam looking to take on Tesla
...As well as the planned plant in North Carolina, the company has set up 13 showrooms in prestige locations in California, with the aim of coaxing the state’s wealthy residents away from Tesla....
July 5, 2023
SVB Financial Group
SVB Financial to sell investment banking unit to management team
...HSBC, which acquired SVB’s UK commercial banking unit, has separately hired 40 US-based SVB commercial bankers, a move that has prompted a lawsuit from First Citizens Bank, the North Carolina institution...
June 18, 2023
Electric vehicles
VinFast delivers EVs to US drivers in first for Vietnamese maker
...VinFast has faced a slow rollout in the US, where it aims to start building EVs in North Carolina in 2024 even though it only received a key construction permit last month....
March 5, 2023
Anjli Raval
The shock of mass lay-offs is only the beginning for companies
...a workforce by just 1 per cent can lead to a 31 per cent increase in voluntary staff turnover the next year, according to researchers at the University of Wisconsin-Madison and the University of South Carolina...
January 29, 2023
The Big Read
The teen mental health crisis: a reckoning for Big Tech
...In January, a report by experts in psychology and neuroscience at the University of North Carolina said teenagers who habitually checked their social media accounts experienced changes in how their brains...
March 26, 2023
Westinghouse Electric Co LLC
Westinghouse to be sold for $7.9bn in sign of nuclear power revival
...It invested $1bn in equity to acquire Westinghouse after Toshiba, its former owner, put it into bankruptcy in 2017 amid large cost overruns at projects in Georgia and South Carolina....
October 11, 2022
US politics & policy
Ron DeSantis backers plan $3.3mn spending blitz on White House bid
...In the latest filings at the end of 2022, South Carolina senator Tim Scott has about $39mn across his campaign and affiliated super Pacs....
January 19, 2023
LexVinFast LLC
VinFast: IPO hopes may not electrify investors Premium content
...The move comes just days after VinFast announced plans to build an electric vehicle and battery factory in North Carolina....
April 8, 2022
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Electric vehicles
Vietnamese carmaker VinFast files for US IPO to fund shift to electric vehicles
...It will start building a $2bn factory in North Carolina in the US this year, with the plant scheduled to start production in 2024 and an annual capacity of 150,000 cars....
April 7, 2022
Google LLC
Google to spend $7bn on US offices and data centres
...In Durham, North Carolina, the company will open a cloud engineering hub....
March 18, 2021
The Big Read
Donald Trump still looms over American politics
...Lindsey Graham, the Republican senator from South Carolina who has often been a cheerleader for the former president, called Trump’s comments “inappropriate”, adding: “Those who actively engage in violence...
February 4, 2022
Moore Capital Management LLC
Louis Bacon to shut Moore Capital hedge funds
...Raised in North Carolina, Mr Bacon began his trading career at Commodities Corporation in the 1980s, where he cut his teeth alongside future hedge fund stars Bruce Kovner and Paul Tudor Jones....
November 21, 2019
ObituaryBernard Madoff
Bernard Madoff, criminal financier, 1938-2021
...Madoff, who died this week aged 82 in a North Carolina prison, was so hated that he wore a bulletproof vest in court....
April 16, 2021
#techFT
Data centres are the new offices
...important to the fabric of local communities”, from providing opportunities for small businesses to supporting distance learning, Google said it would invest in new data centre capacity in Nebraska, South Carolina...
March 19, 2021
Due Diligence
Private equity eyes mom-and-pop aid Premium content
...Its Vision Fund also announced the promotion of Faisal Rehman to managing partner based in the United Arab Emirates and Carolina Brochado and Ramzi Ramsey to partner....
April 2, 2020
Michael Skapinker
Human connections will always beat Google Translate
...A principal at a North Carolina middle school thought it would be a warm gesture to translate her “welcome to a new year” letter into Spanish for the many parents who spoke the language at home....
January 28, 2020
Coronavirus economic impact
How many jobs were saved by the US small business bailout?
...The company, VentureMFO LLC, is in the database as borrowing between $5m and $10m, the maximum amount available, and retaining a single employee....
August 6, 2020
Major League Soccer LLC
Major League Soccer plays the long game
...Mr Tepper was convinced to pay $325m for his new franchise in Charlotte, North Carolina, partly because it would become the 30th side in MLS....
February 29, 2020

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